ATO

fuel tax credits the easy way

Smaller Operators Can Now Save Time and Money

According to an announcement by the Australian Tax Office, smaller operators can now save time and money and calculate fuel tax credits the easy way. The ATO has released a simpler way to calculate fuel tax credits for diesel used in heavy vehicles. Read More

Epic Fail by the ATO, ACCC Involved in Road Tolls and National Harmonisation

This week has seen an Epic Fail by the ATO, ACCC Involved in Road Tolls and National Harmonisation coming onto the agenda in a real way. According to the Australian Trucking Association (ATA), the epic size of the tax office’s failure to consult about its decision to slash employee truck driver travel expenses has got industry associations up in arms. During the 2017–18 income year, the tax office will allow employee truck drivers to claim just $55.30 per day in travel expenses (excluding accommodation) without detailed receipts. In 2016–17, the amount allowed was $97.40. In the same determination, the tax office increased the reasonable food and drink allowance for comparable employees in other industries from $106.90 per day to $109.35 per day.
Read More
Remain Vigilant

Second-Class Tax System

Yet again the trucking industry is the victim of our second-class tax system, after the Australian Tax Office (ATO) messed it up again. Unfortunately, this unfair decision on driver expenses is merely
Read More

Brett Wright Retires, Victoria Extends Length Allowance, TruckSafe on Infrastructure Projects and Road Building in the Territory

This week in Diesel News, it’s all happening. Brett Wright Retires, Victoria Extends Length Allowance, TruckSafe on Infrastructure Projects and Road Building in the Territory. Heavy Vehicle Industry Association (HVIA) CEO, Brett Wright, has announced his impending retirement from his current role. “It is with many great memories, fondness and pride that I announce my leaving HVIA,” said Wright. “I have been privileged, firstly to have been given the opportunity to work for the Commercial Vehicle Industry Association of Queensland (CVIAQ) all those years ago and then to continue to lead it over the last twenty years culminating in its transformation into a truly national industry body, HVIA, in 2015.”
Read More